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Vandercook Lake 49203
623 Pawnee Street
$245,000
● House - Off Market

623 Pawnee Street

Jackson, MI 49203
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,233 Ft²
$1,400
Est. Monthly
9.74%
Cap Rate

About This Property

Who doesn't love a hidden gem? Tucked into the charming Roaring Brook neighborhood, this adorable corner-lot home surprises with a private backyard oasis-complete with a sparkling pool! Inside, you'll find three bedrooms, two updated bathrooms, a refreshed kitchen, and a spacious living room. The basement offers the perfect flex area with a walk-up to the pool, rec room, a 4th lodging space-ideal for entertaining, storage or unwinding. From lush green space to stylish comfort, this home checks all the boxes. And just a short stroll away, enjoy everything Ella Sharp Park has to offer: golf, gardens, trails, art, playgrounds, and more. Welcome home to 623 Pawnee Street!
Unit Size
1,233 Ft²
Days on Market
57 days
Land Size
0.37 acres
Price per sqft
$195
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #25023610)

Price History

Date / Event Date Event Price
Jul 18, 2025 Sold
Premium
Sold
Jun 18, 2025 In contract -
In contract
Jun 13, 2025 Price Decreased $239,900
↓ $5K (2%)
Price Decreased
Jun 6, 2025 Price Decreased $244,900
↓ $5K (2%)
Price Decreased
May 22, 2025 Listed by The Brokerage House $249,900
Listed by The Brokerage House
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,008
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,899
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROARING BROOK ESTATES
  • Land Acres: 0000000365
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 22 ROARING BROOK ESTATES

Neighborhood

  • School District Name: Vandercook Lake Public Schools
  • School Tax School District: 38020
  • Census Tract: 005202

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: MAPS
  • District: 17
  • Parcel: 410-13-22-228-022-00
  • Lot: 22
  • Municipality: SUMMIT TWP
  • Latitude: 42.2021
  • Longitude: -84.4062

    Address

  • Full Address: 623 Pawnee St
  • Legal Unit: 22
  • Address - House Number: 623
  • Address - Street Name: Pawnee
  • Address - Suffix Type: St
  • State: MI
  • City Name: Jackson
  • Carrier Code: C040
  • 4-Digit Zip Code: 5353
  • Zip Code: 49203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $164,437
  • Tax Rate Code Area: 17

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 187,702
  • High Value: 233,071
  • Low Value: 142,333

    Market Valuation

  • Market Total Value: $148,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2827588
  • Previous Sale Recording Date: Sep 27, 2010
  • Previous Sale Contract Date: Sep 22, 2010
  • Previous Sale Amount: $79,300
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vandercook Lake

Stats & Trends

Median Asking:

$209,950

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

52

Average Home Size

2005 ft²

Average Home Age

54.6 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: JENIFER SCANLON, The Brokerage House
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25023610
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 623 Pawnee Street built and last sold?
The property at 623 Pawnee Street was built in 1959 and last sold on Jul 10, 2019 for $119,500.
How much is this home worth?
The estimated value of the home located at 623 Pawnee Street is $232,241.
What are some comparable homes to 623 Pawnee Street?
There are currently no comparable homes to 623 Pawnee Street.
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